• Valeura has completed an 8 well drilling programme on Block B5/27.
• Two wells at Jasmine C encountered more oil pay than expected.
• Two development wells at Ban Yen A are now on production and appraised new reservoirs, adding drilling locations and will likely contribute to reserves when next evaluated at year-end. One of the wells (BYA-35ST1) encountered an oil pay 100% larger than expected. The third well was an appraisal well. It encountered an oil-water contact deeper than expected but t ....

28 May 2025
Valeura Energy (TSX: VLE): Potential reserves additions following appraisal programme. Ratree is dry.

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Valeura Energy (TSX: VLE): Potential reserves additions following appraisal programme. Ratree is dry.
• Valeura has completed an 8 well drilling programme on Block B5/27.
• Two wells at Jasmine C encountered more oil pay than expected.
• Two development wells at Ban Yen A are now on production and appraised new reservoirs, adding drilling locations and will likely contribute to reserves when next evaluated at year-end. One of the wells (BYA-35ST1) encountered an oil pay 100% larger than expected. The third well was an appraisal well. It encountered an oil-water contact deeper than expected but t ....